Apple's ITunes Is an Example of What Type of Innovation

question 56

Multiple Choice

Apple's iTunes is an example of what type of innovation?

• A) continuous
• B) service
• C) breakthrough
• D) product
• E) accidental

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Definitions:

ROE

Return on Equity, a measure of financial performance calculated by dividing net income by shareholders' equity, indicating how efficiently a company is using its equity to generate profits.

Dividend Growth Rate

The annualized percentage rate of growth that a particular stock's dividend undergoes over a period of time.

Earnings

The net profits of a company after all expenses have been deducted from revenues.

Earnings Reinvested

Profits that are not paid out as dividends but are instead reinvested in the business to fund growth or pay down debt.